Assignment 3.11 Oligopoly - Assignment3.11Oligopoly FRQ#1 Score:3\/6 A 2\/2 $4,000dollarslocating Northcomparedto$1, B 0\/2 Thestud

Assignment 3.11 Oligopoly - Assignment3.11Oligopoly FRQ#1...

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Assignment 3.11 OligopolyFRQ #1Score: 3/6A.2/2The student will receive one point for stating that North will be better Blue Mart.The student will receive one point for indicating that Blue Mart earns $4,000 dollars locating North compared to $1,000 dollars locating South.B.0/2The student will not receive a point because they incorrectly claimed that locating South was a dominant market strategy.The student will not receive a a point because they did not explain Red Shop’s best strategy is directly dependent on Blue Mart’s move.C.0/2The student will not receive a point because they incorrectly stated that the Red Shop would choose to locate North and Blue Mart would choose to locate South.D.1/1The student will receive one point for redrawing the table with correct entries.
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